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Europe – Branding for Increased Poverty
Record high unemployment in the EU has forced some of the larger consumer goods companies to shift marketing strategies. They target poverty-stricken Europeans’ demand for cheaper goods in the midst of an economic crisis. Unilever – the third-largest consumer goods company in the world, which manufactures hundreds of brands like Aviance, Ben & Jerry’s, Dove … Continue reading
US – 10 Cities Losing the Most Jobs
10. St. George, Utah > Pct. decrease of employed: -5% > Decrease in people employed: -2,799 (34th largest) > June 2009 unemployment rate: 9.9% (145th highest) > June 2012 unemployment rate: 7.6% (148th lowest) 9. Carson City, Nev. > Pct. decrease of employed: -5% > Decrease in people employed: -1,308 (61st largest) > June 2009 … Continue reading
France – Sapin: Unemployment to stay high
“France is doing badly. The French economy is doing badly,” Sapin admitted on Tuesday. “The worsening of the employment situation will be longlasting but not eternal,” he continued. July’s unemployment figures saw the 15th consecutive month-on-month rise, by 1.4 per cent to 2,987,100, the highest since June 1999. The year-on-year rise is 8.5 per cent. … Continue reading
India – Search firms replenish talent pool
The movers and shakers of India Inc are on the move. There is a churn across search firms as headhunters and leadership consultants are moving on to new roles. Search firms are hiring talent from other sectors too, both to replenish their talent pool and expansion into new areas. The managing director of FutureStep, a … Continue reading
ON Semiconductor to cut 250 jobs
Power-management chipmaker ON Semiconductor Corp said it will cut about 250 jobs and cancel its annual cash incentive program for senior executives to reduce costs in a weak macroeconomic environment. The company expects to complete most of the job cuts in the current quarter and estimated a related charge of $11 million to $14 million, … Continue reading
Indiana – Toyota to hire 240
Toyota Motor Manufacturing, Indiana plans to add about 240 new production team members by the end of November to support next year’s increased Highlander sport utility vehicle production. The hiring began this month. The new Toyota team members will come from Aerotek, which maintains a “variable workforce” to meet the Princeton plant’s fluctuating production needs. … Continue reading
Australia – Queensland – Job Cuts ‘probably lower than 15,000’
The total number of jobs to be cut from Queensland’s public sector is likely to be lower than 15,000, Premier Campbell Newman says. In the lead up to next month’s budget, Mr Newman and senior ministers have repeatedly said they were aiming to keep the number of lost jobs below 20,000. Mr Newman, who yesterday … Continue reading
Denmark – Government cuts nearly 1,000 workers
Not since 1920 have so many state employees been fired Finance minister Bjarne Corydon (Socialdemokraterne) says the pain is not over (Photo:Scanpix) At a time when the prime minister, Helle Thorning-Schmidt (Socialdemokraterne), has said that stemming the rising tide of unemployment is at the top of her agenda, her government has now fired more state … Continue reading
Japan – How to meet the wishes of an army of willing elderly workers
The thought of retiring after more than four decades made Hirofumi Mishima anxious. Instead of looking forward to ending his three-hour daily commute, Mishima wanted to work, even if it meant another hour on the train. “Keeping a regular job is the most stimulating thing for me,” said Mishima, 69, who spent six months trawling … Continue reading
G4S axes 1,100 jobs
Security firm G4S has unveiled plans to axe 1,100 jobs as the company restructures following the failure of its Olympics contract. The company said that cutting the posts – mostly in continental Europe – would save £30 million a year. Chief executive Nick Buckles said: “We were deeply disappointed that we had significant issues with … Continue reading
China – More than 75 percent of the country’s urban jobs are created by small enterprises
Human resource analysts have called for greater efforts on the part of the government to create new jobs, as the country’s economic slowdown has created a grave employment situation, a major newspaper reported Tuesday. The overseas edition of the People’s Daily, the flagship newspaper of the Communist Party of China (CPC), cited experts as saying … Continue reading
Lexmark – 1,700 jobs cut
Lexmark is cutting 1,700 jobs, or almost 13 per cent of its workforce, and says it will stop making inkjet printers as part of a drive to cut costs as it deals with shrinking sales of inkjets. The printer and software company said Tuesday that it will close its inkjet supply plant in the Philippines … Continue reading
Australia – The outsourcing of jobs at new hospital
It’s a job that has been described as a back room service and one that the State Government is privatising in new hospitals.” But, it’s not just cleaners. All non-clinical staff at the new Fiona Stanley Hospital, including sterilisation technicians, orderlies, patient care assistants, administration and IT staff, will be privately employed by management company … Continue reading
Sony Mobile – 1,000 jobs cut
Sony Mobile is cutting 1,000 jobs from its phone division after posting record losses this financial year. The embattled Japanese company posted record losses of US$5.6bn in March this year, with two-thirds of the jobs cut to fall on its Sony Mobile division in Lund, Sweden. The loss-making electronics firm reveals the job losses are … Continue reading
HR – To be or not to be a decision-makers: 75% are not
A poll conducted at the CIPD’s HR Software Show 2012 reveals that 75% of UK businesses are not using the expertise of their HR professionals to formulate business strategy while reward is too rarely linked directly to high individual performance. According to the survey by outsourcing firm PlusHR, 75% of HR professionals not being … Continue reading
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